FORGE HOUSE, OLD ASHFORD ROAD, LENHAM, MAIDSTONE, ME17 2PX - £1,150,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FORGE HOUSE is a very large extended detached house of 227m², which could now be worth an estimated £1,364,022. It was last sold for £1,150,000 in February 2021, which was around 115% above the average February 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was E.

FORGE HOUSE Sold Prices

Land registry data shows two sales for FORGE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. Both of the two FORGE HOUSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 10 FEB	£1,150,000	£535,296	115% above HPI
2010 29 APR	£975,000	£355,536	174% above HPI

FORGE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The two FORGE HOUSE sales from April 2010 and February 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2010 sale was for 174% above the HPI. So the extrapolation line tracks at 174% above the HPI over time, until the February 2021 sale, where it falls to 115% above the HPI. The line then continues to track at 115% above the HPI.

What might FORGE HOUSE be worth now?

FORGE HOUSE might now be worth an estimated £1,364,022.

This is based on house price inflation of 18.6%, between February 2021 and February 2025, for detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.6% inflationary increase is applied to the most recent sale price for FORGE HOUSE of £1,150,000 on 10th February 2021. For the value to have increased from £1,150,000 to £1,364,022 over the four years to February 2025, the following assumptions must hold true:

• The value of FORGE HOUSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The February 2021 sale price of £1,150,000 represented a fair market value for the property.
• The size, condition, and specification of FORGE HOUSE has not materially changed since February 2021.

How Large is FORGE HOUSE?

FORGE HOUSE is 227m², which includes two extensions, according to the EPC inspection conducted in November 2009. This puts it in the largest 10% of detached houses houses in Lenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lenham, and where FORGE HOUSE lies on this distribution: 97% of detached houses houses are smaller than FORGE HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Lenham.

FORGE HOUSE: Plot and Title Map

FORGE HOUSE sits on a plot of roughly 0.390 of an acre, or 1,578m². The below map shows the location of FORGE HOUSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of FORGE HOUSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is FORGE HOUSE?

FORGE HOUSE is located on OLD ASHFORD ROAD in LENHAM, in the ME17 postcode district. The below map shows the position of FORGE HOUSE on OLD ASHFORD ROAD.